Low-carbon transition
Credit: Quilt
Clean Energy | April 17, 2024
Quilt raises $33 million to launch its sleek heat pump
Heat pump sales in the US are expected to ramp up, as states implement generous financial incentives in the 2022 Inflation Reduction Act. …
Credit: Mati Carbon
Impact Voices | April 15, 2024
How Mati Carbon is using the carbon markets to address farmers’ adaptation finance gap and boost their incomes
Ashish Kumar is a long-time climate investor and a market / ecosystem builder. He is a strategic advisor to Mati Carbon. This month, …
Credit: Alterno
Climate and Clean Tech | April 9, 2024
Vietnam’s Alterno raises $1.5 million to store renewable energy in sand batteries
More than 80% of Vietnam’s power is generated from fossil fuels, mostly coal. The country’s coal dependence will affect Vietnam’s ability to trade …
Low-carbon transition | March 29, 2024
Deal spotlight: Trickle of financing to phase out coal
Predictions of peak coal have come and gone as global efforts to phase out the dirty fossil fuel founder in regions reliant on …
Credit: Koko Fuel
Climate Finance | March 21, 2024
Leveraging the carbon markets for clean cooking, climate justice and social impact
Nairobi’s slums are dotted with little aqua blue signs alerting residents to top-up points for cooking fuel. Many households don’t have electric stoves …
Inclusive Economy | March 4, 2024
Overheard at Sankalp: Public equity for African small businesses, accelerating circular enterprises, financing women-led ventures
ImpactAlpha, March 4 – The theme of the Sankalp Africa Summit in Nairobi was “igniting Africa’s potential for a just transition.” As always, financing …
Photo by LanzaJet.
Climate and Clean Tech | March 4, 2024
LanzaJet secures $30 million from Southwest Airlines for sustainable aviation fuel
ImpactAlpha, March 4 — LanzaJet is a subsidiary of Chicago-based LanzaTech, which uses microbes to convert industrial carbon emissions into sustainable fuel and …
Photo by Ebb Carbon.
Catalytic Capital | February 28, 2024
Prime Coalition’s Trellis Climate backs Ample Carbon and Ebb Carbon
ImpactAlpha, February 28 — Trellis Climate, formerly Early Climate Infrastructure, was born last year when Actuate Climate, a nonprofit climate tech research and …
Climate and Clean Tech | February 21, 2024
Eli snags $6.8 million to help consumers electrify their homes
ImpactAlpha, February 22 – Sales of heat pumps have outpaced gas furnaces in the US for the second year in a row. But …
Photo by AtmosZero.
Dealflow | February 21, 2024
AtmosZero raises $21 million for zero-carbon industrial boilers
ImpactAlpha, February 21 — Coal- and gas-fired boilers have generated steam power and heat for buildings and industrial processes since the Industrial Revolution. …
Credit: Lilac Solutions
Climate and Clean Tech | February 15, 2024
Lilac Solutions raises $145 million for green lithium production
ImpactAlpha, February 15 – Lithium prices have fallen steeply as US electric-vehicle adoption has wobbled. But green, efficient and economical lithium extraction to …
Data center operation with high-performance networking gear.
Clean Energy | February 6, 2024
Brookfield’s second Global Transition Fund raises $10 billion for decarbonization and data centers
ImpactAlpha, February 6 — After raising its inaugural $15 billion Global Transition Fund in 2022, Brookfield has identified a pipeline of investment opportunities, …
Photo by Cultivo.
Dealflow | January 31, 2024
Cultivo clinches $14 million to unlock capital for nature-based projects
ImpactAlpha, January 31 — San Francisco-based B Corp. Cultivo uses AI and satellites to pinpoint high-quality and investable nature-based projects. Cultivo develops sustainable …
Photo by Captura.
Low-carbon transition | January 30, 2024
Captura scores $33.5 million to capture carbon from the oceans
ImpactAlpha, January 30 — Pasadena, Calif.-based Capture extracts carbon from the ocean’s upper layers using seawater and renewable electricity. Captura says the process …
Photo: H2 Green Steel
Climate and Clean Tech | January 30, 2024
Sweden’s H2 Green Steel hauls in more than $5 billion for green steel plant
ImpactAlpha, Jan. 30 – H2 Green Steel’s massive raise included $4.6 billion in debt funding from a consortium of global banks and $325 …
Dealflow | January 19, 2024
Deal spotlight: recycling heat waste from data centers
ImpactAlpha, January 19 — Amazon is doing it. So are Meta, Microsoft and Google. The tech giants have begun capturing excess heat generated …
Photo by Northvolt.
Dealflow | January 17, 2024
Swedish battery maker Northvolt raises $5 billion for battery recycling
ImpactAlpha, January 17 — Stockholm-based Northvolt isn’t just looking to lead the green battery race in Europe – it’s plotting world domination. Since …
Photo credit: Octavia Carbon
Climate Finance | January 10, 2024
Renew Capital backs Octavia Carbon for direct air capture in Kenya
ImpactAlpha, January 10 – African leaders and innovators are starting to tap global carbon markets. Nairobi-based Octavia Carbon is a rare direct air …
Impact Investing | December 15, 2023
Dealflow Spotlight: Battery innovation speeds the energy transition
ImpactAlpha, Dec. 15 – At the recently concluded COP28, nearly 200 nations agreed to triple global renewable energy by the end of the …
COP28 President Sultan Al Jaber makes closing remarks
Low-carbon transition | December 14, 2023
Renewables’ improved performance and falling costs doom fossil fuels, even if COP28 didn’t
ImpactAlpha, Dec. 14 – Consensus, Margaret Thatcher once said, is “the process of abandoning all beliefs, principles, values and policies.” That may be …
An E-bus in Delhi, India.
Dealflow | December 12, 2023
Electric buses get funding in Africa and India
ImpactAlpha, Dec. 12 – Electric buses are catching on around the globe to reduce emissions and unhealthy smog. In China, the leading market …
Climate and Clean Tech | December 7, 2023
AI’s killer app: Guiding humanity through the climate challenge
ImpactAlpha, Dec. 7 – Ask not what artificial intelligence can do for the climate. Ask what the climate challenge can do for AI. …
Photo by Cambium Carbon.
Low-carbon transition | December 6, 2023
Seed funding to decarbonize buildings with wood
ImpactAlpha, December 6 — Forest-based products, such as timber and wood, can capture and store carbon for long periods of time. Strong by …
Photo by BII.
Asia | December 5, 2023
British International Investment backs trio of climate tech funds in South Asia
ImpactAlpha, December 5 — British International Investment, the UK’s development finance institution and impact investor, has made a $25 million allocation to GEF …
Photo by CRDC Global.
Dealflow | November 29, 2023
Toniic members help CRDC Global raise $3.3 million for a concrete solution to plastic waste
ImpactAlpha, November 29 — San Jose, Costa Rica-based Center for Regenerative Design and Collaboration has patented a process that converts hard-to-recycle plastic into …
Photo by Advanced Electric Machines.
Low-carbon transition | November 27, 2023
Advanced Electric Machines scores £23 million to minimize extractive minerals in electric vehicles
ImpactAlpha, November 27 – The green transition has so far depended on intense mineral extraction. Each standard electric vehicle requires nearly 4.5 pounds …
Impact Tech | November 8, 2023
Private equity firms see robust demand for impact funds, despite headwinds
ImpactAlpha, Nov. 8 – Private equity firms may be battling a high interest rate environment and sluggish IPO market. But they’re still raising …
Photo credit: Skoon Energy
Low-carbon transition | October 19, 2023
Skoon Energy raises $5.6 million for clean generators in Europe
ImpactAlpha, October 19 – Film sets, festivals, construction sites and other temporary setups depend on reliable energy access—mostly from fossil fuel-guzzling generators. Netherlands-based …
Photo credit: VARM
Low-carbon transition | October 11, 2023
VARM raises early funding to make German homes more energy efficient
ImpactAlpha, October 11 – Two-thirds of Europe’s homes and buildings are deemed energy inefficient. VARM tackles a simple improvement – better insulation – …
Photo by Traceless Materials.
Europe | October 3, 2023
Germany’s Traceless Materials raises €36.6 million for a plastic alternative
ImpactAlpha, October 3 — Hamburg-based Traceless Materials has developed a bio-based, low-emission plastic alternative made from agricultural waste, such as rice and wheat …
Climate Finance | September 21, 2023
In the Climate Week mix: Policy tailwinds, green banks, talent pipeline
ImpactAlpha, September 21 — Hard choices have to be made… about which of the hundreds of Climate Week NYC events to attend. As …
Climate and Clean Tech | September 19, 2023
Chris Sacca’s Lowercarbon Capital raises $550 million for two climate tech funds
ImpactAlpha, September 19 — Lowercarbon Capital has raised a combined $550 million for a pair of climate funds. One fund will focus on …
Galvanize Climate Solutions' Tom Steyer.
Climate + Gender | September 18, 2023
Galvanize Climate Solutions closes Innovation+Expansion fund with more than $1 billion
ImpactAlpha, September 18 — Galvanize Climate Solutions has raised over $1 billion for its inaugural Innovation+Expansion Fund. The San Francisco-based growth equity fund, …
Impact Investing | September 8, 2023
Dealflow Spotlight: H2’s $1.6 billion raise signals growing investor and customer demand for green steel
ImpactAlpha, Sept. 8 – In one of the largest climate tech deals of the year, Sweden’s H2 Green Steel pulled in €1.5 billion …
Photo by Bezos Earth Fund.
Conservation | September 7, 2023
Bezos Earth Fund deploys $22.8 million for locally-led landscape restoration in Africa
ImpactAlpha, September 7 — Bezos Earth Fund will deploy $22.8 million to fund the restoration of roughly 1.5 million acres of degraded land …
Climate Finance | September 5, 2023
CH4 Global raises $29 million to reduce livestock methane emissions
ImpactAlpha, September 5 — The roughly 1.5 billion cows on the planet burp and fart more than 150 million tons of methane per …
Photo credit: Redwood Materials
Dealflow | September 1, 2023
Deal spotlight: Catalytic lending from the US Department of Energy
ImpactAlpha, September 1 – To grab the lead in climate innovation – and regain control of key technology supply chains – the Biden …
E-rickshaw driver Guddu Kumar Gaurav in Delhi | Photo credit: Shefali Anand
Frontier and Growth Markets | August 17, 2023
Small vehicles have investors thinking big about India’s e-mobility transition
ImpactAlpha, August 17 – American electric car makers like Tesla are making headlines over plans to bring their cars to India. But it …
Low-carbon transition | July 20, 2023
Private equity giants rally behind O9 Solutions’ sustainable supply chain software
ImpactAlpha, July 20 – Sustainability wasn’t top of mind for Dallas-based O9 Solutions in 2009, when it launched its software to help large …
Low-carbon transition | July 18, 2023
Isometric secures $25 million to register and verify carbon-removal offsets
ImpactAlpha, July 18 — Capturing carbon directly from the atmosphere will be necessary to reverse greenhouse gas emissions, the International Panel on Climate …
Photo credit: CarbonCure
Dealflow | July 12, 2023
CarbonCure scores $80 million to commercialize lower-carbon concrete
ImpactAlpha, July 12 – The race is on to decarbonize heavy industrial materials like concrete, cement and steel. CarbonCure injects CO2 into concrete, …
Low-carbon transition | July 7, 2023
Deal spotlight: Avaada’s big push to green India’s ammonia and hydrogen production
ImpactAlpha, July 7 – Green ammonia and green hydrogen are among the highest impact opportunities for the net-zero transition. The fuels are key …
Impact Tech | June 28, 2023
DePoly secures $13.8 million to recycle old plastic and cut fossil fuels in new products
ImpactAlpha, June 28 – Plastic use is still on pace to triple in the next 40 years. Less than 10% gets recycled (in …
Photo by Kubik.
Low-carbon transition | June 26, 2023
Kubik scores $3.3 million to upcycle plastic waste into low-carbon building materials
ImpactAlpha, June 26 — Buildings account for 40% of total global carbon emissions, because of how building materials are produced, what materials are …
India | June 22, 2023
India’s Avaana Capital raises $70 million for climate and sustainability fund
ImpactAlpha, June 22 — Mumbai-based, women-led venture capital investor Avaana Capital is looking to raise a total of $120 million for its first …